Foreign

2002

2003

2002

2003

Currency

Jan. 25

Jan. 20

Jan. 21

Jan. 22

Jan. 23

Jan. 24

Jan. 25

Jan. 20

Jan. 21

Jan. 22

Jan. 23

Jan. 24

1

2

3

4

5

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14

RBI's Reference Rate (Rs. per Foreign Currency)

Foreign Currency per Rs. 100@

U.S. Dollar

48.3600

47.9100

47.9500

47.9100

47.9100

47.8700

(Based on Middle Rates)

Euro

42.4000

50.9800

51.0500

51.4100

51.3800

51.5500

FEDAI Indicative Rates (Rs. per Foreign Currency)

U.S.

{

Buying

48.3500

47.9100

47.9400

47.9050

47.9000

47.8700

2.0678

2.0872

2.0855

2.0872

2.0872

2.0890

Dollar

Selling

48.3600

47.9200

47.9500

47.9150

47.9100

47.8800

Pound

{

Buying

68.8175

77.1725

76.9000

77.3725

77.5250

77.9225

1.4525

1.2955

1.2989

1.2913

1.2901

1.2830

Sterling

Selling

68.8700

77.2125

76.9300

77.4175

77.5675

77.9625

Euro

{

Buying

42.3800

50.9675

51.0175

51.3600

51.3925

51.5500

2.3585

1.9616

1.9589

1.9451

1.9463

1.9399

Selling

42.4125

50.9925

51.0525

51.3925

51.4275

51.5775

100 Yen

{

Buying

35.8600

40.5100

40.3375

40.4975

40.4450

40.5700

278.78

246.74

247.77

246.66

247.34

246.39

Selling

35.8800

40.5350

40.3625

40.5225

40.4725

40.5900

Inter-Bank Forward Premia of U.S. Dollar (per cent per annum)

1-month

5.46

3.51

3.25

3.26

3.51

3.76

3-month

6.04

3.26

3.17

3.09

3.26

3.43

6-month

5.87

3.17

3.13

3.09

3.17

3.34

@

:

These rates are based on RBI Reference rate for US dollar and middle rates of cross-currency quotes. These rates are

announced by RBI with effect from January 29, 1998.

Notes

:

1. The unified exchange rate system came into force on March 1, 1993.

2. Euro Reference rate was announced by RBI with effect from January 1, 2002.